Builders plead for help as workload crisis threatens projects
Big hospital, school, university and prison projects could be threatened unless the Government helps the construction industry solve its workload crisis, building leaders say.
Thursday, August 5th 2004, 9:20AM
by The Landlord
Multiplex Construction chief Shane Brealey, Hawkins Construction head Chris Hunter and Fletcher Construction's Mark Binns say the crisis gripping their industry will worsen as workloads in Auckland double in the next year.They are united in doubting the industry's ability to complete $3.2 billion worth of public and private work proposed over the next two years.
Rising interest rates, commodity price increases fuelled by China's economic growth, and the skills shortage are forcing an over-stretched industry into a crisis.
Read More - Opens in a new window
| « Property investors refocus on cash flow | Free Investment Property Showcase Events: Auckland, Wellington and Christchurch » |
Special Offers
Commenting is closed
|
|
Printable version |
|
Email to a friend |
